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Making the Most of Your Publisher Search Process: A Publisher Perspective. April 18, 2019 Chris Reid Executive Publisher Oxford University Press Christopher.reid@oup.com. Outline. In this presentation, we will review: How publishers determine whether to bid or not
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Making the Most of Your Publisher Search Process:A Publisher Perspective April 18, 2019Chris Reid Executive PublisherOxford University Press Christopher.reid@oup.com
Outline In this presentation, we will review: • How publishers determine whether to bid or not • Steps involved when a publisher receives an RFP • Timings for bids Conflict of Interest Statement: I’m an employee of Oxford University Press, and my presentation is based on our experience with the RFP process.
External RFP Received: Quality Metrics Reputation Delegates Potential
External RFP Received: Publisher Added Value Can we add value? • Editorial Strategy • Sales and Reach • Marketing • Production • Digital • Finances • Managing complexity
External RFP Received: RFP Detail How detailed is the RFP? • Are the following included: • Full financial information • What is the driver behind the RFP? • Is all relevant information included? • Are all society “must haves” included? • Avoiding the “unknown unknowns” • Particularly those with financial implications
External RFP Received: Compliance/ Due Diligence • Ethical considerations • Reputational considerations • Initial due diligence
External RFP Timings Headline: The more time the better! January 2021 Start Date
Internal RFP Timings • Same as external but: • Be clear with your publisher about plans • Check your contract • Try to avoid surprises/ be transparent Transfer Code of Practice: https://www.niso.org/publications/rp-24-2019-transfer
Take Away: Publisher’s Perspective • Open, responsive, communication • Be clear in your expectations and priorities • More detail is better • Have a realistic timeline • Use an attorney experienced in publishing I’ll be at the CSE Meeting in Columbus, from 5th – 7th and happy to discuss anything addressed here further.